Brie?y discuss why the survey was described as unscienti?c

Assignment Help Microeconomics
Reference no: EM131008443

A newspaper headline stated that at a recent budget workshop, nearly three dozen people supported a sales tax increase to help deal with the city's ?nancial de?cit (San Luis Obispo Tribune, January 22, 2005). This conclusion was based on data from a survey acknowledged to be unscienti?c, in which 34 out of the 43 people who chose to attend the budget workshop recommended raising the sales tax. Brie?y discuss why the survey was described as "unscienti?c" and how this might limit the conclusions that can be drawn from the survey data.

Reference no: EM131008443

Questions Cloud

Retirement in order to retire with enough money saved : Planning to retire in 40 years. You plan to live for 30 years after retirement and can live on $50,000 a year. How much do you need to save each year until retirement in order to retire with enough money saved? Assume interest rates of 8% and that yo..
What is the loop that forms after many iterations : What is the loop that forms after many iterations when the initial value of g is 1.7? What is the loop that forms after many iterations when the initial value of g is 1.72
Refer to carroll clinic''s 2012 operating budget : Refer to Carroll Clinic's 2012 operating budget, contained in Exhibit 6.2. Instead of the actual results reported in Exhibit 6.3 or listed in Problem 6.3, assume the results
Does eating broccoli reduce the risk of prostate cancer : Does eating broccoli reduce the risk of prostate cancer? According to an observational study from the Fred Hutchinson Cancer Research Center (see the CNN.com web site article titled "Broccoli, Not Pizza Sauce, Cuts Cancer Risk, Study Finds," Janua..
Brie?y discuss why the survey was described as unscienti?c : This conclusion was based on data from a survey acknowledged to be unscienti?c, in which 34 out of the 43 people who chose to attend the budget workshop recommended raising the sales tax. Brie?y discuss why the survey was described as "unscienti?c..
Describe some of the chief components of financial planning : Describe some of the chief components of financial planning and why they are important in the future success of a corporation.
Describe any concerns you have regarding conclusion drawn : This conclusion from an article titled "Doctors Feeling Pessimistic, Study Finds" (San Luis Obispo Tribune, July 15, 2001) was based on a mail survey conducted by the California Medical Association. Surveys were mailed to 19,000 California doctors..
Check the necessary assumptions : a) Write appropriate hypotheses. b) Check the necessary assumptions. c) Perform the mechanics of the test. What is the P-value? d) Explain carefully what the P-value means in this context.
What are some extraneous variables : Describe how you might design an experiment to determine whether this phenomenon is true for your city. What is the response variable? What are some extraneous variables and how does your design control for them?

Reviews

Write a Review

Microeconomics Questions & Answers

  What type of price discrimination they are engaged in

The problem belongs to Economics, Micro-economics and it is explain the problem about Coke being a monopolist and does it engage in price discrimination and the type of price discrimination that coke is engaged in the answer.

  The demand for an input is a direct demand

The income and substitution effects are both a result of changing the price of a good. The income and substitution effects are both a result of changing the price of a good. The no satiation principle states that less is better. The income and substi..

  Why did the oil crisis of 1973 occur

Why did the oil crisis of 1973 occur? What impact did the oil crisis have on the developed countries?

  Draw the indifference curves for preferences

Chris eats one hamburger and washes it down with one beer. He will not consume an additional unit of one item without an additional unit of the other.

  Government intervention and regulatory change

In the 1980s, the S&L industry was in crisis and the crisis required (1) government intervention (2) regulatory changes and (3) punishment for the perpetrators of the crisis. From 2007 to 2009 the US financial system was in crisis and that crisis als..

  Explain how criterion for efficiency in dynamic context of

discuss how the criterion for efficiency in the dynamic context of stock pollution differs from the criterion in a

  What does this mean for us trade balance with japan what

what has happened to the value of the u.s. dollar relative to the japanese yen over the past six months? what fiscal

  The management of iron mills have estimated

The management of Iron Mills have estimated the following elasticity’s for its product as ?Qx,Px= 2; ?Q,I=1; and ?Qx,Py= 1.5 Where x refers to iron, I to income, and y to steel.

  Why do the laws differ from state to state did you find any

the legal requirements for companies are changing. employment laws now vary by state and by country. conduct research

  The standpoint of vertical and horizontal equity

Explain what is meant by the terms, vertical equity, horizontal equity and the Ramsey rule. A city is considering imposing excise taxes on the following items to raise revenue to finance the construction of a new stadium for the major league baseball..

  Show the ols estimator of ß1 is unbiased

Show the OLS estimator of β1 is unbiased using Assumptions SLR.1-4.

  Suppose you own a restaurant that serves only dinner you

suppose you own a restaurant that serves only dinner. you are trying to decide whether or not to rent out your dining

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd